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The Head of the Saudi Arbitration Team, Emir Bandar Bin Salman Al-Saoud, solicited Arab countries to increase their electronic commerce volume. The volume of e-commerce in the Arab World is currently equivalent to two percent of the e-commerce volume in the entire world, reported Al-Watan . North American controls 50 percent of global electronic exchanges. Official statistics estimate the Internet subscriber’s growth rate in the Kingdom of Saudi Arabia at 120 percent and at 95 percent in the United Arab Emirates. Egypt was placed at the bottom of the list with a six percent growth rate. — (menareport.com)